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Despite having a lower auction volume on Saturday, Melbourne achieved a higher clearance rate of 79 percent. This figure is up from last weekend’s 76 percent. The number of scheduled auctions, however, was down to 50 from last weekend’s 1,160 during the Super Saturday due to the AFL grand final. This is also similar to the 52 auctions held over the same weekend last year. There were a total of …
Continue Reading about Melbourne Auction Results | 30th September 2017 →
Melbourne had a higher auction volume today and maintained its clearance rate of 76 percent similar to last weekend. The number of scheduled auctions went up to 1,160 compared to last weekend’s 1,066. A total of 653 properties were sold today with total sales amounting to more than $486,786,000. The number of reported auctions was 844 while the median price recorded was down to $800,000. In …
Continue Reading about Melbourne Auction Results | 23rd September 2017 →
The suburb of Port Melbourne is part of the local government areas of both Melbourne and Port Philip. Located just five kilometers southwest of the Central Business District, it covers a large area with various nature attractions including parklands and beaches. Formerly known as Sandridge, the suburb is bordered by Hobsons Bay and the Yarra River. History has it that that first prominent …
Continue Reading about Buyer’s Agent Port Melbourne – Suburb Profile →
First home buyers are becoming active in purchasing homes today. However, being their first time to invest in a residential property and being still young and not yet established in their careers, many of them can only afford a small home. Surveys have even shown that most of these first home buyers still rely on their parents for funds that would help them purchase their first home and most …
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Melbourne achieved a higher auction clearance rate of 76 percent on Saturday compared to last weekend’s 73 percent. The number of scheduled auctions was also up at 1,066 while the number of reported auctions was 819. A total of 629 properties were sold over the weekend with total sales amounting to more than $496,065,000. The median price recorded was $881,000. This figure was higher then the …
Continue Reading about Melbourne Auction Results | 16th September 2017 →
Melbourne's auction market recorded a 73 percent clearance rate on Saturday, lower than last weekend's 75 percent but with more scheduled auctions. Data from CoreLogic showed that of the 974 properties listed for auction, 576 sold during auction, 125 sold prior to auction and 11 sold after auction. Melbourne is still an undersupplied housing market due to recent strong house price growth, …
Continue Reading about Melbourne Auction Results | 9th September 2017 →
Melbourne’s auction market maintained a 75 percent clearance rate on Saturday with 841 scheduled auctions. The number of listed auctions dropped slightly from last weekend’s 936 while the number of reported auctions also down to 644 from 732 last weekend. A total of 491 properties were sold over the weekend with total sales amounting to more than $396,842,000. The median price recorded was …
Continue Reading about Melbourne Auction Results | 2nd September 2017 →
For people wanting to live near the city or the so-called urban dwellers, the inner suburbs are a popular choice. Suburbs are communities surrounding the CBD and are home to single-family and multi-family residential properties as well as commercial spaces such as shops, restaurants, cafes and office buildings. In Australia, inner to middle suburbs have been a preferred location by renters. …
Continue Reading about Why Renters Prefer to Live in Inner and Middle City Suburbs →
The auction market in Melbourne recorded a 75 percent clearance rate on Saturday compared to last weekend’s 78 percent. The number of listed auctions was higher, though, at 936 while the number of reported auctions also went up to 732. Sold over the weekend were a total of 551 properties with total sales amounting to more than $467,244,000. The median price recorded was lower at …
Continue Reading about Melbourne Auction Results | 26th August 2017 →
Investing in property is a worthwhile activity that even young people can do today. But it’s not easy as what other people would like to think. It takes patience, resourcefulness, careful planning and research in order to find the right property at the right location and purchase it at the right price. These acts alone can already save you from wasting your hard-earned money and enjoying the …
